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RE: Hive Inflation And Supply For November 2021 | Is the supply increasing or decreasing?

in LeoFinance3 years ago

I have to agree that the system in place is almost always going to inflate the holdings of whales faster than the holdings of those below but I feel like this discussion is missing one important fact. Most of the accounts that are on top of the pile are actually active daily users that contribute a lot to the overall quality of Leo, Hive, and others.

dalz and Taskmaster aren't beating me in the race because they have more stake but because they publish quality stuff on a daily basis. Looking back at my own post rewards, if you can deliver useful and quality information to the community it will reward you proportionally.

My point is that this may or may not become a problem in the future but based on my own experience I feel like anyone can outpace the majority with consistency and quality. Even if we lean in the centralized part of the spectrum hard work and quality are rewarded according to the median post rewards sitewide and that to me seems like a fair playground.

For now.

Posted Using LeoFinance Beta

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Yes, quality content is rewarded, and yes, with persistence, and a modicum of talent, one can stay ahead of the crowd.
The hive is in pretty good shape, but I think with a 1000mv vote limit it will be in even better shape.
Not a forced compliance thing like the whale experiment, but a voluntary putting down of power by those that have it.

Trending is not much up in quality, imo.
Plenty of plastic content still getting pushed to the top.
(Corporate speak and stock photos shouldn't trend, iyam.)
Even though curation rewards are linear, no advantage to piling on, anymore.
Instead of rewarding newbs for organic content latte art is getting hundreds, smdh.

I have to say that I agree with most of the stuff you said but that's just the way things are around here I guess.

The content isn't as good as it could be but compared to a few years ago and compared to other similar websites like Reddit, we are doing great.

Capped rewards sound like a good idea but I can see scenarios where it can be counterproductive.

Posted Using LeoFinance Beta

I wouldn't be for capped rewards, either.
I'm for voluntary restraint from the largest accounts.
We already get some, I'd like to see more.
But, other than that, we are the best game in town, imo.